Toyota Kirloskar Motor revamps management roles Toyota Kirloskar Motor (TKM), has announced organisational changes by elevating key senior management aimed at fostering a high-potential, customer-focused and flexible leadership in India. The decision, effective January 1, 2024, it says is intended to further strengthen its operations by accelerating the transition towards a future-ready organisation. As per the restructuring,Tadashi Asazuma, currently Executive VP, has been elevated as Deputy MD – Sales-Service-Used Car TKM & Lexus. He will be responsible for the overseeing of sales, service and used-car functions of Toyota & Lexus designed to continue driving growth, enriching strong dealer and customer relations. He had joined Toyota Motor Corporation in 2001, Asazuma moved to TKM in 2019, bringing with him global automobile industry experience of working for Toyota in Japan and regions like Middle East. Maru has experience of over 25 years and previously handled functions such as Sales, Accounting, Finance & Taxation, Legal, Information Technology, Human Resources, and Corporate Planning both in India as well as at global/regional offices. The changes come following the recent announcement by Toyota Motor Corporation on the creation of ‘India, Middle East, East Asia & Oceania’ Region wherein MD and CEO of TKM, Masakazu Yoshimura was also appointed as the Regional CEO, these organisational changes are strategically aligned to additionally boost efficiencies and deliver on India’s pivotal role. “These changes come at a crucial time when India is increasingly becoming a vital market in Toyota’s global strategy and are designed to support and achieve sustainable growth for the company by enhancing capabilities and creating a future-ready organisation,” said Yoshimura.
If a SEZ unit has second hand/used/old condition equipment and is being used for less than two years, they can not be shifted to DTA.
“Import of any used IT assets which do not fulfil” these criteria “shall be subject to licence for restricted import,” it said adding these relaxations will be applicable on the condition that no exemption has been availed from any regulatory requirements, that is Compulsory Registration Order (CRO), Restriction of Hazardous Substances (RoHS), and WPC (wireless planning and coordination) import licence,” the notification said.